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PARTNERS
TUESDAY 17TH MAY 2011
KEVIN NAUGHTON
MyATM – a major sponsor of
Port Adelaide Football Club – has
defended its falling share price,
asserting it is “back in profit”.
Indaily has queried MyATM for more
details about its low share price –
currently sitting just above 3 cents – to
determine the facts of the company’s
declining financial position.
However, one of MyATM’s founding
directors Grant Chapman said there
was no problem that he was aware of.
“It was last reported to directors that
the cash flow is OK and in fact the
company’s back in profit,” he told
Indaily.
MyATM, which sells investments in
automatic teller machines, listed at
20 cents on the... Read more
NEWS
AAP
FORMER prime minister Malcolm
Fraser, whose memoirs won the top
prizes at the 2011 NSW Premier’s
Literary Awards, revealed that he saw
his former adversary Gough Whitlam,
“as a friend”.
At a gala dinner at the Sydney Opera
House on Monday night, Mr Fraser
and co-author Margaret Simons were
awarded the Douglas
Stewart Prize for
Non-Fiction for
“Malcolm Fraser: The
Political Memoirs”.
Mr Fraser told AAP
that despite their
political differences
his relations with
Mr... Read more
Birth pain tolerance test
WOMEN preparing to give birth may soon
be able to have a genetic test that predicts
how much pain they are likely to experience
and the sort of painkillers they will need.
Read Julia Medew’s report in The Age.
Defence delay stirs tension
BAD blood between senior members of the Defence Force and its Minister,
Stephen Smith, is being worsened by delays
in government decisions on who will replace
Defence chief Angus Houston, the service
chiefs and other key military leaders.
Read the report in The Australian.
Libs lose fundraiser
THE general manager of State Liberal Party fundraising organisation Future
SA has resigned. Read more
Wage decision for women
THOUSANDS of social and community-services sector workers –mostly
women – stand to receive pay rises after Fair Work Australia ruled that gender
was a key factor in the low pay of tens of thousands of social and community
workers. Read the report by Ben Schneiders in The Age.
Backhanded praise
for ‘friend’ Gough
FRASER MEMOIRS WIN BOOK AWARD
MyATM’s share
price has fallen
since its launch
in January
MyATM fends off queries
Alan Joyce
Qantas Club demand
AIRCRAFT engineers are asking for free
membership of the Qantas Club as part of
“reckless” claims that airline chief executive Alan
Joyce says will cost $160 million over three years.
Mr Joyce has also rejected an ultimatum by
pilots for clarity on their job security claim
by Thursday or face a ballot for protected
industrial action.
Read the story by Steve Creedy in The Australian.
GP cost pressure
THE Australian Grand Prix in Melbourne
is expected to post another $50 million
loss this year despite a warning from the
Victorian government it will be dumped
unless costs are cut.
The grand prix cost a record $49.2 million
last year - double that of 2006 - with an
undisclosed annual fee believed to be more
than $25 million. Read Josh Gordon’s story
in The Age.
GP winner
Sebastian
Vettel
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